Beijing Yunxingyu Transportation Technology Co., Ltd. (hereinafter referred to as Yunxingyu) is a comprehensive intelligent transportation service provider, whose main business includes intelligent transportation system integration business, intelligent transportation technology service business, commodity sales and other businesses. At present, the company has formed a wide range of regional coverage for contracting and construction projects, and has formed a national business network centered on the capital Beijing. On January 3, 2024, the company has launched the IPO process and will land on the Beijing Stock Exchange in the near future.
*: Photo.comTechnical and academic abilities have been widely recognized
Yun Xingyu has strong technical application strength in the field of highway intelligent transportation system, and continuously strengthens the expansion ability to adjacent fields through independent scientific research. The company has carried out internal research and development through subsidiaries such as Beijing Expressway Intelligent Transportation Engineering Technology Research Center and Boyu Tongda, developed and mastered a number of patented technologies in the highway and urban intelligent transportation industry, and carried out expansive research work in the field of intelligent transportation such as ETC application, free flow, Internet of Vehicles, traffic big data, and cloud computing.
The company's technical capabilities and academic capabilities have also been widely recognized by the industry, including the best in the industry. In 2019, the company and the Highway Research Institute of the Ministry of Transport of Beijing University of Technology established the Intelligent Road Networking Collaborative Innovation Laboratory to carry out technical research in the direction of establishing an intelligent transportation network innovation platform, and formulate development directions, industry standards and policies; At the beginning of 2020, the National Intelligent Transportation System Standardization Technical Committee of the Ministry of Communications established three working groups: "Digital Infrastructure and Vehicle-Road Collaboration", "Intelligent Driving" and "Travel Service", and the company also participated in the formulation of relevant standards as a member of the working group. In 2022, the company cooperated with Beijing Intelligent Transportation Development Center to jointly carry out the "Research on Construction Specifications for Beijing Expressway Entrance Weighing and Testing Engineering"; Cooperate with Beijing University of Aeronautics and Astronautics to jointly carry out the "research and development of F22 bulk phase fiber grating interrogator".
The company was selected as the first batch of "Science and Technology Reform Demonstration Enterprises" by the State-owned Assets Supervision and Administration Commission and was awarded the honor of "Science and Technology Reform Demonstration Enterprise" by the National Excellent "Science and Technology Reform Demonstration Enterprise", and was awarded the title of "2022 Excellent Integrator of Highway Informatization" by the China Highway and Transportation Society, and its wholly-owned subsidiary Boyu Tongda was awarded the "Second Prize of the 'Tiangong Cup' Digital Transportation and Intelligent Construction Technology Application Competition" by the China Highway and Transportation Society. The "electronic non-stop toll roadside unit seagull17" developed by the company has been awarded the "Best Product Award of China Highway Informatization" by the China Highway and Transportation Society, the "key technology and multi-scene application of intelligent parking management system" has been awarded the "third prize of science and technology award" by the China Intelligent Transportation Association, and the "tuna-D18 electronic toll collection special short-range communication vehicle unit" has won the "second prize of science and technology award" of Beijing Highway and Transportation Society.
The scale of the project ranks in the forefront of the industry all year round
As one of the first enterprises in the industry to obtain the qualification, Yunxingyu has been committed to providing high-quality and reliable intelligent transportation system solutions since 1997, when it fully contracted the renewal and reconstruction project of Beijing Airport Road toll collection system, with a cumulative contract amount of more than 20 billion yuan, and the scale of the bidding project in the domestic highway information market has been in the forefront of the industry all year round.
The company has a relatively comprehensive product and service structure in the field of intelligent transportation systems, and the company's business includes highway intelligent transportation system integration, urban intelligent transportation system integration, software platform development, intelligent transportation system operation and maintenance, etc., which can provide owners with a package of solutions from construction to operation and maintenance.
The company attaches great importance to the operation and maintenance of the intelligent transportation system after its completion, and takes the lead in developing a comprehensive management system for mechanical and electrical operation and maintenance of expressways in the industry. The maintenance and repair team implements a rapid response system on standby around the clock to deal with emergencies, and has the advantages of standardized services and rich experience in operation and maintenance support. Having a complete business structure in a segment is conducive to the good operation of the company's business strategy and business model.
Yun Xingyu has won a number of awards in the intelligent transportation system industry, such as the 2020 China Expressway Informatization Award - Outstanding Integrator Award and the China Expressway 30 Years Informatization - Leading Enterprise Award. The company has implemented the first domestic enterprise to independently contract the mechanical and electrical engineering of Zhejiang Shangyu to Sanmen Expressway and a number of large-scale and complex mechanical and electrical engineering projects including cross-sea bridges and mountain tunnels in Fujian, Guangdong, Sichuan and other places, and won the "Luban Prize" twice for the implementation of the mechanical and electrical system integration project of Zhejiang Zhajiasu Expressway and the construction project of Shuangliao to Taonan Expressway, and has a high brand recognition in the same industry in the country.
To be a responsible public company
In recent years, China has successively launched a series of industrial policies such as the "Outline for the Construction of a Transportation Power", the "Outline of the Digital Transportation Development Plan", the "14th Five-Year Plan" for scientific and technological innovation in the field of transportation, and the Outline of the Medium and Long-term Development Plan for Scientific and Technological Innovation in the Transportation Field (2021-2035), which will focus on promoting and supporting the development of the smart transportation industry.
According to the data released by the China Intelligent Transportation Association, from 2011 to 2021, the total size of China's intelligent transportation market increased from 42 billion yuan to 191.7 billion yuan, with an annualized growth rate of about 164%。Since 2019, China has canceled the provincial toll stations of expressways, and the ETC electronic toll collection system has ushered in a popularization boom, and the construction of highway intelligent transportation has reached a phased high point during the "13th Five-Year Plan" period. During the "14th Five-Year Plan" period, China will focus on increasing investment in the informatization and digital upgrading of transportation infrastructure, and promote the integration of cloud computing, big data, Internet of Things, mobile Internet, blockchain, artificial intelligence and other new generation information technologies with transportation, which will bring new growth space for China's smart transportation construction.
In this context, Yun Xingyu landed on the Beijing Stock Exchange in a timely manner, which is expected to better seize the development opportunities of the industry.
The company's fundraising projects listed on the Beijing Stock Exchange include: bridge and tunnel structural health digital monitoring system project, intelligent transportation detection and maintenance robot project, information upgrade construction project, and supplementary working capital of intelligent transportation system integration business.
Among them, the bridge and tunnel structural health digital monitoring system project aims to develop a digital bridge and tunnel structural health monitoring system. The project mainly serves the owners and operators of highways and bridges, meets their daily operation and maintenance needs for the high-value fixed assets of transportation infrastructure and improves their intelligent management level, and realizes preventive maintenance goals and minimizes the potential safety hazards of transportation infrastructure by carrying out all-weather digital monitoring and intelligent early warning of bridge and tunnel structural health.
The Intelligent Traffic Inspection and Maintenance Robot project aims to develop a variety of intelligent inspection and maintenance robot product portfolios that serve road traffic-related inspection and maintenance operations, including bridge cable inspection and roadside member maintenance operations, tunnel and pipeline inspection, etc. The project provides innovative and reliable technical testing methods for O&M units, saves labor costs and improves overall O&M effectiveness.
The informatization upgrade construction project is intended to be used to upgrade the company's business information management system. On the basis of ensuring that the company's information system construction is independent and controllable, the project achieves the partial transformation and extension from the company's internal management information platform to the business management digital platform, and strives to use a new generation of information technology to drive the digital level of the company's all types of business in the implementation process.
Next, Yunxingyu will continue to provide stable, reliable and compatible highway intelligent transportation system solutions nationwide while basing itself on its core business and using the company's experience accumulated in the implementation of previous cases, and actively and steadily expand the scale of intelligent transportation technology services and other business segments based on its main business. At the same time, it extends the upstream and downstream industrial chain, expands from the upstream to the production of intelligent transportation core equipment, and enters the application of intelligent transportation services from the downstream, so as to promote the upgrading of the company's business from intelligent transportation to intelligent transportation, smoothly make the company transition from a leading enterprise in intelligent transportation to a leading enterprise in the era of intelligent transportation, and strive to become a listed company responsible for society, shareholders, customers and employees.